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Internal Audit & Process Improvement; CA; 4-6 Yrs (Leading Fashion & Retail Industry)

  • Mumbai

Job ID : 2205

About Company

A leading player in India's retail landscape, this brand offers a wide array of fashionable apparel, accessories, and lifestyle products. With a strong presence across the country, it caters to diverse consumer segments, from men and women to children. Embracing the latest trends while maintaining affordability, it ensures accessibility to quality fashion for all. Boasting an extensive network of physical stores as well as a robust online platform, it provides a seamless shopping experience to customers nationwide. Known for its vibrant collections and customer-centric approach, it continues to be a preferred destination for fashion enthusiasts seeking style and value. 

Their distribution network spans over 300+ retail outlets, powered by a dedicated workforce of 5000+ employees. Impressively, the company has reported a hike of 25% in their income by the end of December 31st, 2023.

Job Description

Audit & Assurance

a) Ensuring submission of management comments within timeline of report issuance by Audit team in collaboration with respective Functions/Audit team.

b) Root cause identification of the audit issue and fixing the issue by implementation of controls/process/SOP.

d) Timely closure of Audit Committee Meeting deck with Auditors and Functions

e) Monthly follow up / credence on open audit issues with the respective Functions for closure of defined action plan. Ensuring 100% implementation of Critical issues. Sharing audit status for the issues raised


Controls & Compliance

a) Timely updation of IFC document for all functions

b) Collaborate with all functions to ensure adherence to defined IFC.

c) Identification of root cause for control failure, ensure remediation of failed controls by implementing the required control/improvement in the process.

d) Work with Functions to update the Risk Charter in every 6 months.

e) Ensure submission of compliance tracker on monthly basis in coordination with zones. Follow up with the concerned SPOC for pendency’s.


Insurance Management

a) Ensuring timely renewal of all Insurance Policies before expiry.

b) Monthly/Quarterly communication for all additions/deletions in the FAR

c) Timely intimation to Insurance Company for new site opening/closure of site.

d) Monthly Inventory & Sales declaration by 10th of the succeeding month.

e) Tracking of insurance expense

f) Ensuring timely submission of all requisite documents for claim assessment to ABIBL

g) Monthly follow up on open claims. Ensuring speedy claim settlement.

h) Ensuring timely clearance of Insurance GL and reconcile the balances of pending claims with insurance company.

i) Monthly CD Tracker Reconciliation with GL.

Knowledge & Skills Required:

a) Assurance, business process improvement, risk governance and controls

b) Data Analytics

c) Sharp and analytical mind with a passion for solving complex issues

d) strong interpersonal and communication skills

e) Ability to work seamlessly with cross functions, internal & external stakeholders

Education Qualification

  • Qualified CA (Chartered Accountant)

Job Type

Full Time


  • No. Of Vacancy

  • Offered Salary

    18 - 20 Lac
  • Experience

  • Industry


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